Real Estate Radio USA Episode 52
February 4, 2008
Barry Johnson…
We are back from the big Super Bowl weekend. I promise not to let Lindsay pick teams anymore, at least not until we have already placed our bets on the team she DOESN’T pick. Enough about football, we have real estate news to talk about. We talked about a couple of stories in the Sub-Prime Meltdown area. Due to stricter Fannie Mae guidelines, lenders are starting to require high down payments. Also a great story in the Atlanta Constitution Journal today that finally released the numbers of the sub-prime default rates over the last decade. The numbers are in and they did not go up that much. Find out why that is significant in today’s episode.
We had a chance to talk to Lenore Wilkas from Prudential Fine Homes International in San Mateo California. She is a fellow blogger and unapologetic to her real estate agent brethren for taking them to task and making them justify themselves and their existence. What a breath of fresh air Lenore was. She is part of a group that created a new blog called Real Estate Darwinism. You definitely need to check this out when you get a few minutes.
Lastly we talked about some things an agent can do RIGHT NOW to change their circumstances and become more successful. These are not revolutionary ideas, but are tried and true methods to get things going. Do not wait until this business has completely past you by, start now by listening to this episode.
Here are the links to today’s stories:
- Down payments just got bigger
- Pain of mortgage crisis expected to spread far
- Over 33,000 Early Register for Free Seventh Annual Real Estate Virtual Convention
- Hot or Not Housing Markets
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